Tax
Taxable Ted,
That’s me, well I'm now up to the chapter in the four pillars that identifies me and how I should invest, I must admit, getting through this book was not easy and I dare say that I will have to go back many times if I’m to make this stuff stick.
I have a question or two. Has anything changed since this book was written with respect to taxable accounts, in his book Bernstein recommends I stay out of value stocks and REITS (except if the REITS are in a VA) my thinking is that I will be retiring within 5 yrs, I’m 42, I want to be exposed to real estate, but the idea of tying that portion (About 15%) up until I’m 59 without penalty is not too appealing. Is there, dare I say “tax relief” for the taxable Ted’s out there to start some sort of a sheltered portfolio.
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